Plume is the first modular L2 blockchain dedicated to all real-world assets, integrating asset tokenization and compliance providers directly into the blockchain. Our mission is to streamline the complex processes involved in RWA project deployment and provide investors with a blockchain ecosystem for cross-investment in various RWAs.
Moreover, Plume offers RWA composability via its powerful DeFi applications, connecting to high-quality buyers that enhance the quality of liquidity for all tokenized RWAs. Plume stands for the creation of a secure and cost-effective ecosystem to facilitate the ease of development of projects and provide investors with a single platform to discover and invest in a wide variety of RWAs. Additionally, Plume is involved in unlocking liquidity and supporting transactions for RWA assets within its DeFi ecosystem.
Read More: Arbitrum Will Support Account Abstraction Endpoints With The AIP-2 Being Approved
Read More: Arbitrum Becomes First Layer 2 Swap Platform to Hit $150B!
Plume has attracted some projects onto its platform, even though it is still within a Testnet environment. Although many Layer 2 projects have launched, the ecosystem around it remains somewhat limited. Here are a few projects live on the Plume Network:
The tokenomics of the project are not officially disclosed yet.
The development team at Plume Network consists of people who have worked at major companies like Coinbase, Robinhood, LayerZero, Binance, Galaxy Digital, dYdX, and many other significant firms in the market. Some key members are:
Layer-2 Plume has closed a Seed funding round worth 10 million USD, which was headed by Haun Ventures. The round has also been joined by Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, and Reciprocal Ventures.
This also includes some angel investors from other widely famous projects, such as Anthony Ramirez from Wormhole Labs, Calvin Liu from EigenLayer, and Jeff Feng and Jayendra Jog from Sei Network. The new funding will enable Layer-2 Plume to advance its blockchain platform, focusing on the conversion of real-world assets such as real estate and collectibles into digital assets while strictly adhering to legal regulations.
There is no official roadmap for the project yet.
Plume Network is a relatively fresh project working on Layer 2 RWA with early success. There are several projects prospering on its blockchain infrastructure, having an impressive dApps ecosystem, and especially for the segment of Real World Assets. For the project in the field of Real World Assets
For the project in the field of Real World Assets, CoinCu is very promising since the project has not launched Incentivized Testnet yet, so you may have an opportunity to participate in an airdrop early enough.
In its testnet, Plume Network aims to host and trial over 80 RWA projects, which are marketplaces for everything from collectibles and luxury goods to real estate and DeFi. The testnet creates a controlled environment for the developers and asset issuers to test and refine their projects before full deployment.
The vision of Plume Network is to uncomplicate the cumbersome process involved in deploying RWA projects and to create a blockchain ecosystem that enables cross-pollination and investment into various RWAs. In this case, Plume aims to empower the issuers of the assets with an end-to-end integrated technology stack, thus enabling them to focus on their products while offering investors a secure and streamlined environment for capital deployment.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Palo Alto, California, 21st November 2024, Chainwire
Best Cryptos to Buy: Qubetics presale rockets ahead, Bitcoin nears $100k, and Avalanche prepares to…
London, United Kingdom, 21st November 2024, Chainwire
The move will see developers utilize USDC on Aptos in creating dApps on a wide…
Abu Dhabi, UAE, 21st November 2024, Chainwire
Senator Cynthia Lummis outlined the Strategic Bitcoin Reserve, which will sell part of the Fed's…
This website uses cookies.